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Apr 21, 2016
04/16
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BLOOMBERG
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mitsubishi should know better. absolutely. mitsubishi was building these cars for nissan. you have to question nissan as well. constructing products under the name, you'd think they would check feel consumption figures and whether they held veracity. i you would think so, but guess they really trusted to be she on that, but their trust among the industry will be gone, just another stepping stone in losing trust in each other, and also the regulator losing trust in the carmakers. this is bad news for everybody, not only mitsubishi. >> is the regulator putting too much pressure on these carmakers, if you will, to get these fuel consumption figures down, and particularly to get emissions levels down as well? ati think we have to look the regulator and how do we reduce the emissions, how do we improve the environment, but we also need to make sure that the carmakers can follow-up, but in this particular case, mitsubishi's case, it was not a rocket science -- it was not rocket science to come up with a better fuel consumption, so in this case i cannot fold the regulator in this
mitsubishi should know better. absolutely. mitsubishi was building these cars for nissan. you have to question nissan as well. constructing products under the name, you'd think they would check feel consumption figures and whether they held veracity. i you would think so, but guess they really trusted to be she on that, but their trust among the industry will be gone, just another stepping stone in losing trust in each other, and also the regulator losing trust in the carmakers. this is bad...
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Apr 26, 2016
04/16
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LINKTV
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the chairman of mitsubishi heavy industries led the efforts, taking on the chairman of mitsubishi motors. the fuel economy scandal is expected to have a serious financial impact on the carmaker and isakingeople ain wonder if they can trust cars bearing the symbol of the mitsubishi group, three red diamonds. nhk world. >>> toshiba executives have been trying to turn around their finances after an accounting scandal came to light. now the company has announced that it will book an impairment loss of billions of dollars on its u.s. nuclear subsidiary, westinghouse. chief executive says toshiba is expected to book an impairment charge of $2.3 billion for march. it's thought it will shrink from the initial estimate of $6.4 billion to about $4.2 billion due to profits from selling the firm's subsidiary, toshiba medical systems. the company aims to receive orders for 45 nuclear powerplants in emerging economies by physical 2030. officials say they expect to produce profits through the militan maintenance of nuclear power plants. >>> many investors stayed on the sidelines as central banks in jap
the chairman of mitsubishi heavy industries led the efforts, taking on the chairman of mitsubishi motors. the fuel economy scandal is expected to have a serious financial impact on the carmaker and isakingeople ain wonder if they can trust cars bearing the symbol of the mitsubishi group, three red diamonds. nhk world. >>> toshiba executives have been trying to turn around their finances after an accounting scandal came to light. now the company has announced that it will book an...
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Apr 20, 2016
04/16
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BLOOMBERG
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up next, mitsubishi. you are seeing pictures from the news conference, just a minute to manipulating fuel economy tests. shares are down quite significantly, down the most in a decade. we are live in tokyo next. ♪ francine: welcome back. we are right on "the pulse." let's get to the bloomberg business flash with nejra cehic. nejra: earlier this hour, mitsubishi motors admitted to manipulating test data involving 625,000 vehicles in order to improve fuel economy claims. the affected models includes -- the two companies are discussing compensation and mitsubishi is checking whether it is being affected by overseas models. earlier, shares closed more than 15% lower, the biggest drop since july, 2004. europe's largest semiconductor quitman maker, asml, has forecast sales that top protections as they ramp up in new machinery. the dutch company sees second-quarter revenue of about 1.7 billion euros. analysts had estimated 1.6 5 billion. asml shares are among the biggest gainers on the european stocks 50. ther
up next, mitsubishi. you are seeing pictures from the news conference, just a minute to manipulating fuel economy tests. shares are down quite significantly, down the most in a decade. we are live in tokyo next. ♪ francine: welcome back. we are right on "the pulse." let's get to the bloomberg business flash with nejra cehic. nejra: earlier this hour, mitsubishi motors admitted to manipulating test data involving 625,000 vehicles in order to improve fuel economy claims. the affected...
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Apr 22, 2016
04/16
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BLOOMBERG
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nissan said it made that mitsubishi as a supplier of many cars. hitting central bank back at german critics and frankfurt. he says the more they undermined his stimulus, the more he will have to deliver. the low rate policies have been criticized, and the german finance minister says they are contributing to the rise of anti-euro populism. indeed, a lot to chew on. i look at how investors in this part of the world are currently. a lot ofeen quite selling. >> only two bank stocks higher at the moment as the hang seng is down. that oil price in new york trimmed its gains. the shanghai market lower by a tense of 1%, underperforming the region this week. we've also seen the philippines open flat. extending losses as the yen strengthens against the dollar. the kospi has been steady, down a third of 1%. by crude00 being hit prices in new york, down half a percent. down half ofindex a percent, trimming its loss to 1%. there is only one sector higher on that index, and that is financials. i want to show you some stocks we are watching in hong kong. isa's
nissan said it made that mitsubishi as a supplier of many cars. hitting central bank back at german critics and frankfurt. he says the more they undermined his stimulus, the more he will have to deliver. the low rate policies have been criticized, and the german finance minister says they are contributing to the rise of anti-euro populism. indeed, a lot to chew on. i look at how investors in this part of the world are currently. a lot ofeen quite selling. >> only two bank stocks higher at...
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Apr 21, 2016
04/16
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LINKTV
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the focus on thursday was mitsubishi motors. many investors put in sell orders after news of the data manipulation. at the close it fell more than 20%. the daily loss limit. suppliers to mitsubishi motors also suffered. one parts maker was down 9% and a car battery maker dropped 1.5%. despite the fall from mitsubishi motors overall sentiment was positive. the energy sector among the winners. oil and gas winner inpex posted a gain of more than 5%. others were also up. the focus turns to european central banks policy meeting. investors are carefully watching how market investors react to the outcome. >> thank you very much. >>> moving to other markets in the asia-pacific region. let's move to china. shanghai composite declining by .7%. 2952 the closing number, a three-week low. financial and real estate shares sank. erasing gains in the energy sector. moving on to taiwan's tiex gaining by .6%. 8568 the closing number snapping three days of losses. tech stocks led the gains after data showed electronics export orders rose in march
the focus on thursday was mitsubishi motors. many investors put in sell orders after news of the data manipulation. at the close it fell more than 20%. the daily loss limit. suppliers to mitsubishi motors also suffered. one parts maker was down 9% and a car battery maker dropped 1.5%. despite the fall from mitsubishi motors overall sentiment was positive. the energy sector among the winners. oil and gas winner inpex posted a gain of more than 5%. others were also up. the focus turns to european...
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Apr 27, 2016
04/16
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BLOOMBERG
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sort of a curveball is that mitsubishi is part of the mitsubishi group, which includes mitsubishi corp., mitsubishi heavy industry, which has bailed it out in the past. the problem is those companies are not in great shape mitsubishi corp. has 10 hard-hit i declines in the value of commodities they trade. hasubishi heavy industries just reported earnings that disappointed, missed their targets, so they are not in great shape, and they have also told us already that they are waiting to see how far the scandal goes before they can say whether they would be in a position to render any aid at all. mitsubishi motors does have some technologies that probably will survive. there is electric vehicle was among the first to be massed produced. that has been well recognized as a viable technology. company'sith the hybrids. those have done pretty well, so there is some speculation that there could be buyers for that technology, if not the company itself. within japan, it is hard to see one of the bigger carmakers taking them in, but there is some speculation that there could be a buyer from china
sort of a curveball is that mitsubishi is part of the mitsubishi group, which includes mitsubishi corp., mitsubishi heavy industry, which has bailed it out in the past. the problem is those companies are not in great shape mitsubishi corp. has 10 hard-hit i declines in the value of commodities they trade. hasubishi heavy industries just reported earnings that disappointed, missed their targets, so they are not in great shape, and they have also told us already that they are waiting to see how...
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Apr 22, 2016
04/16
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KCSM
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the focus today will still remain on mitsubishi motors. at the close on thursday it fell more than 20%. it's daily limit and also switching to oil prices. earnings have a bit of bearing after alphabet that runs and owns google as well as microsoft's earnings came this weaker than markets expected. >> tell us about currencies. how did the euro react to what came out of the the ecb. >> it jumped against the dollar after the ecb announced the decision of no change in policy. it soon fell after ecb president hinted about the possibility to eventually increase its stimulus measures if necessary. since then it's fallen to the 107 yen levels earlier in april. a look at markets open elsewhere. seoul's kospi is trading in the negative. how it affects japanese shares and shares of mitsubishi motors and the related sectors to the auto industry. back to you. >> thanks. we'll talk to you in a few hours time. >> business owners all over japan are feeling the effects of the aging society. nowhere more so than in the country side. some are looking for the
the focus today will still remain on mitsubishi motors. at the close on thursday it fell more than 20%. it's daily limit and also switching to oil prices. earnings have a bit of bearing after alphabet that runs and owns google as well as microsoft's earnings came this weaker than markets expected. >> tell us about currencies. how did the euro react to what came out of the the ecb. >> it jumped against the dollar after the ecb announced the decision of no change in policy. it soon...
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Apr 28, 2016
04/16
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KCSM
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mitsubishi falsified fuel consumption for some 600,000 vehicles. residents of tokyo express their dismay. >> i believe that this is something that should not happen. i really don't want to drive or by their cars. everyone i know once their money back. >> i am lost for words. i can only say that i am disappointed. >> the scandal continues to grow as more details come to light. last week, mitsubishi executives admitted lying about fuel efficiency, and on tuesday, they say they had manipulated data for the last 25 years. now orders have tumbled. business law professor said this can a remained a secret for so long because of traditional japanese corporate culture. >> having permanent employment and with your boss determining your promotions, you always respect your boss's decision. he said the vertical structure means employees don't have the incentive to report irregularities. >> without improving the mindset of the tens of thousands of employees, the company cannot better it self. >> executives will also have to change their mindset after triggering
mitsubishi falsified fuel consumption for some 600,000 vehicles. residents of tokyo express their dismay. >> i believe that this is something that should not happen. i really don't want to drive or by their cars. everyone i know once their money back. >> i am lost for words. i can only say that i am disappointed. >> the scandal continues to grow as more details come to light. last week, mitsubishi executives admitted lying about fuel efficiency, and on tuesday, they say they...
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Apr 24, 2016
04/16
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BLOOMBERG
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coming up next, misery for mitsubishi. the next guest believes it is likely to have a bigger impact on the vw cheating scandal. why he said that live in tokyo. ♪ singapore,s 7:47 in 8:47 in tokyo. charles koch says hillary clinton may be a better person than any other repuican contenders. the chairman says none of the republicans is addressing the tech system which subsidizes companies and makes it difficult for new businesses. he also called donald trump's plan to register all muslims in the united states monstrous and reminiscent of nazi germany. north korea has successfully tested a ballistic missile from a submarine and warned of ability to attack enemies. tracked the seoul launch and say it traveled 30 kilometers, much shorter than the typical range of other weapons which usually fly 300 monitors. south korea says it is unlikely the north has any operational submarine second launch missiles, they admit that the leader is making progress. and china is making all the be onese fraud suspects trial. they will be prosecu
coming up next, misery for mitsubishi. the next guest believes it is likely to have a bigger impact on the vw cheating scandal. why he said that live in tokyo. ♪ singapore,s 7:47 in 8:47 in tokyo. charles koch says hillary clinton may be a better person than any other repuican contenders. the chairman says none of the republicans is addressing the tech system which subsidizes companies and makes it difficult for new businesses. he also called donald trump's plan to register all muslims in the...
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Apr 21, 2016
04/16
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KCSM
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definitely we did see mitsubishi motor shares fall sharply. overall, sentiment was still upbeat for the nikkei. let's see if that positive momentum is continuing today, thursday, april 21st. the nikkei managed to close higher on wednesday. the stock fell more than 17% marking the biggest one day drop in almost 12 years. a lot of other makers are in focus today as they attempt to resume operations affected by the recent earthquakes. turning our eyes to overseas market. let's get a rundown of how wall street ended. dow jones rising 0.24%. nasdaq gaining 0.16%. there's still a little bit of hesitancy for any major move higher because of a sharp fall in china markets. that decline to the lowest level in more than three weeks. now the marks in china will open in about an hour and a half. i'll keep check of those. looking markets open right now across asia pacific, seoul's kospi is up half a percent. the dollar did rise a touch. whether it any new measures will be added to current monetary policy. also focus on commodities and the performance of mod
definitely we did see mitsubishi motor shares fall sharply. overall, sentiment was still upbeat for the nikkei. let's see if that positive momentum is continuing today, thursday, april 21st. the nikkei managed to close higher on wednesday. the stock fell more than 17% marking the biggest one day drop in almost 12 years. a lot of other makers are in focus today as they attempt to resume operations affected by the recent earthquakes. turning our eyes to overseas market. let's get a rundown of how...
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Apr 27, 2016
04/16
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LINKTV
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mit mitsubishi used data from other cars. they manipulated the figures to meet the consumption targets. the then chief of testing division admitted to overseeing the rigging but now has taken back the comments. >>> u.s. authorities have started looking into the scandal. officials at the environmental protection agency say they've ordered the automaker to conduct tests and hand over more information. they say the additional fuel efficiency testing would cover models sold in the united states. the epa has accused german automaker volkswagen of using emission rigging software. it also hit hyundai and kia with steep fines. the volkswagen scandal generated greater awareness of u.s. consumers. mitsubishi motors president and ceo said the automaker logged a 4% rise in sales in yen terms for the business year ending in march. sas came to $20 billion but net profit fell nearly 25% from a year earlier to $800 million. he touched on the impact of the fuel data manipulation. he said the company's domestic sales are suffering the most. th
mit mitsubishi used data from other cars. they manipulated the figures to meet the consumption targets. the then chief of testing division admitted to overseeing the rigging but now has taken back the comments. >>> u.s. authorities have started looking into the scandal. officials at the environmental protection agency say they've ordered the automaker to conduct tests and hand over more information. they say the additional fuel efficiency testing would cover models sold in the united...
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Apr 21, 2016
04/16
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sharesna: mitsubishi plunging, manipulating the fuel has. volkswagengging -- is paying money in the cheating scandal. a premium for u.s. treasuries over german debt, the highest level this month. as investors wonder over if mario draghi will hint at further easing today. warning signs, billionaire investor george soros says the global recession in china. plus -- i it would not be surprising, don't think it would take a heroic effort if you are being equities could return to last year, it would be a big statement. anna: we have the exclusive ,nterview with hugh hendry and why he is big on japan. manus: welcome to countdown. anna: welcome to the program everybody. it is just that 6:00 here in london. manus, big on japan? the most moves we have seen, 2.5% this morning. but really, that is just tying in with the global picture we have seen in equities. hitting the highest level since december. absoluted there is an sense of relief in the markets. 16% from the low, all predicated on whether you think that china has settled, and whether george sor
sharesna: mitsubishi plunging, manipulating the fuel has. volkswagengging -- is paying money in the cheating scandal. a premium for u.s. treasuries over german debt, the highest level this month. as investors wonder over if mario draghi will hint at further easing today. warning signs, billionaire investor george soros says the global recession in china. plus -- i it would not be surprising, don't think it would take a heroic effort if you are being equities could return to last year, it would...
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Apr 20, 2016
04/16
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CNBC
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we have got some announcements from mitsubishi. used fuel economy testing methods not in line with japanese regulations. mitsubishi has set up an independent panel to investigate. vehicles including the ek model involved. and they are saying actually that the vehicles involved also include 468,000 vehicles made for nissan. they have stopped making and selling the vehicles in question. so that is so far the announcement from mitsubishi this morning. we are talking about 468,000 vehicles they made for nissan. and a panel has opinion set up to investigate further. we'll continue to bring you headlines from that press conference as we get them. for now let's get up to speed with some earnings this morning. hijack heineken hosting a 7% growth in sales. they benefitted from a 22% growth in sales in asia thanks to the lunar new year. arm saw profits rise over 7%. the chip maker however logged higher rempbl spending costs. maintaining full year revenue guidance as long as market conditions exist. the slow down in sales growth was impacting
we have got some announcements from mitsubishi. used fuel economy testing methods not in line with japanese regulations. mitsubishi has set up an independent panel to investigate. vehicles including the ek model involved. and they are saying actually that the vehicles involved also include 468,000 vehicles made for nissan. they have stopped making and selling the vehicles in question. so that is so far the announcement from mitsubishi this morning. we are talking about 468,000 vehicles they...
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Apr 20, 2016
04/16
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mitsubishi is feeling the pressure. the lease in the city of southern pakistan caeli seven policemen have been shot by militants in two separate attacks on polio vaccination teams. correspondent: we understand they attacked a polio evacuation team. that they were gunned down in that attack. not far from where the polio vaccination team was, 4 other policemen were gunned down by the same gunmen in a separate incident. this area is in the west of karachi. it is known for violence, for militant activity, and previous attacks on police forces. this is significant for a couple of reasons. one is that we did see security in the city of karachi in proof. her quite some time, for a year an intense campaign by the paramilitary forces here called the rangers. this is the first major attack on police forces in that way that we have seen in some time. it shows the plight of the polio workers yet again in pakistan. axa nation.rbid they say that it is a western conspiracy -- -- for good vaccinations. they say that it is a western con
mitsubishi is feeling the pressure. the lease in the city of southern pakistan caeli seven policemen have been shot by militants in two separate attacks on polio vaccination teams. correspondent: we understand they attacked a polio evacuation team. that they were gunned down in that attack. not far from where the polio vaccination team was, 4 other policemen were gunned down by the same gunmen in a separate incident. this area is in the west of karachi. it is known for violence, for militant...
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Apr 25, 2016
04/16
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BLOOMBERG
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rishaad: it is early when it comes to mitsubishi. there is damage already done. no one likes a corporate lying effectively. get theirtsubishi brand equity back. ? have ahave to admit you problem, understand the source of that problem, and explain what happened and why so you can start the process of rebuilding trust. there are many companies who have had very serious problems and have overcome them, but the ones who do that well and the ones that don't are the ones who say we realize we have a problem, let's get to the root of it as quickly as we can. you need to third parties to validate that. it is often not helpful if it is just saying you identify the problem and fixed it. the more you can have others acknowledge what happened and describe what you are doing about it, the better. rishaad: the danger is, and mitsubishi may just will be the same case, you get a drip, drip, drip of bad news. there is talk in other news organizations that it could be 2 million vehicles affected, rather than the 600,000 many ini-cars. >> the worst thing is the slow, steady, you th
rishaad: it is early when it comes to mitsubishi. there is damage already done. no one likes a corporate lying effectively. get theirtsubishi brand equity back. ? have ahave to admit you problem, understand the source of that problem, and explain what happened and why so you can start the process of rebuilding trust. there are many companies who have had very serious problems and have overcome them, but the ones who do that well and the ones that don't are the ones who say we realize we have a...
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Apr 20, 2016
04/16
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LINKTV
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mitsubishi says 625,000 many wagons guzzled more petrol than indicated. warns that the number of affected vehicles could rise and some were sold under mitsubishi's own brand. several were sold under the brand of rival carmaker, nissan and the cap -- the scandal came to light when the sun started asking questions. >> in the course of our internal investigation, mitsubishi motors learned of the improper conduct that had been used and it provided more advantaged to fuel consumption rate than the actual rate. marcus: let's talk you through some other stories we have been keeping an ion for you. russia has won a legal victory. eight dutch court has overturned and order for them to pay $54 billion for the compensation was awarded in 2018. say they willr continue their fight against moscow. if french tire maker has received boarded -- has reported a stronger-than-expected quarter. rising car sales in europe boosted michelin's topline and made up for weakness in other regions. the company expects drunker growth and the rest of the market and is sticking to its fo
mitsubishi says 625,000 many wagons guzzled more petrol than indicated. warns that the number of affected vehicles could rise and some were sold under mitsubishi's own brand. several were sold under the brand of rival carmaker, nissan and the cap -- the scandal came to light when the sun started asking questions. >> in the course of our internal investigation, mitsubishi motors learned of the improper conduct that had been used and it provided more advantaged to fuel consumption rate than...
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Apr 21, 2016
04/16
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KCSM
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. >> mitsubishi has become the latest carmaker to cheat on consumers. the japanese auto giant admitted that if manipulated few if agency for hundreds of thousands of cars. shares tumbled on the news that mitsubishi has joined th likes of volkswagen in faking test results. >> mitsubishi's ek is one of the fastest selling cars in japan, stated feel consumption is 5.8 meters per 100 kilometers, but that figure is now in doubt. mitsubishi's chief executive has now publicly confirmed that its engine test results were manipulated. >> we have discovered that in proper tests were being used that were meant to show better feel consumption figures than they actually were. it was also found that the fuel economy testing methods used were not in line with japanese regulations. we offer our profound apologies to our customers and all stakeholders. >> over 600,000 vehicles are affected, and in an embarrassing twiss, 470,000 were made for nissan, which first -- twist, 470,000 were made for nissan. the company has had recall problems in the past, and now has them again
. >> mitsubishi has become the latest carmaker to cheat on consumers. the japanese auto giant admitted that if manipulated few if agency for hundreds of thousands of cars. shares tumbled on the news that mitsubishi has joined th likes of volkswagen in faking test results. >> mitsubishi's ek is one of the fastest selling cars in japan, stated feel consumption is 5.8 meters per 100 kilometers, but that figure is now in doubt. mitsubishi's chief executive has now publicly confirmed...
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Apr 20, 2016
04/16
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two models were sold by mitsubishi and the two others produced for nissan. they say the manipulation came to light after officials at nissan pointed out problems with the data. officials at toyota motor are anxious to get their assembly lines up and running again following the series of earthquakes in southwestern japan. the car company suspended assembly lines at most of its group plants around the country after the quake struck. it plans to resume operations in phases starting on monday. toyota officials say they want output to resume at the company's main plant as quickly as possible. the strong tremors also forced a major parts supplier to suspend operations, which disrupted supplies for toyota. officials say they think they'll be able to secure enough parts by relying on domestic ntorinves and through other means, but they say some other assembly lines, including those in southwestern japan prefectures will remain suspended until next thursday. \s >>> let's get a check on the tokyo markets. share prices ended higher r the second consecutive day but trad
two models were sold by mitsubishi and the two others produced for nissan. they say the manipulation came to light after officials at nissan pointed out problems with the data. officials at toyota motor are anxious to get their assembly lines up and running again following the series of earthquakes in southwestern japan. the car company suspended assembly lines at most of its group plants around the country after the quake struck. it plans to resume operations in phases starting on monday....
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Apr 24, 2016
04/16
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BLOOMBERG
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. >> it is mitsubishi's fault. it harks back to the days when mitsubishi at this scandal back in 2004. apparently around that time they also started cheating on the fuel consumption. >> is it fraud, is it not? >> it is. it is not going to be as big as the volkswagen scandal but in the end, it is fraud. i don't know how the japanese regulators will handle this. but regulators around the world will say is that a good way of self certifying. that is what happened with mitsubishi. they were doing their own tests and certified themselves. everybody says, we trust, so i think that part of the trust will go away. and this will not only be in japan, this will be in the u.s., europe, japan, and also in china. betty: we just got news on volkswagen this past hour. the company and u.s. government agreeing to a degree on principle to settle the charges that it rigged its software to cheat emissions test. the monetary part of the settlement has not been finalized. how much does this put to rest, the claims against vw on the dies
. >> it is mitsubishi's fault. it harks back to the days when mitsubishi at this scandal back in 2004. apparently around that time they also started cheating on the fuel consumption. >> is it fraud, is it not? >> it is. it is not going to be as big as the volkswagen scandal but in the end, it is fraud. i don't know how the japanese regulators will handle this. but regulators around the world will say is that a good way of self certifying. that is what happened with mitsubishi....
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Apr 23, 2016
04/16
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BLOOMBERG
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. >> we are focusing on mitsubishi motors. after they admitted to mitigating the test results -- violating admitted to test results. can mitsubishi survive? is this just the tip of the iceberg? , ithat we have seen so far is limited to one particular model. mitsubishi is not the best and financial health. questionsee this as a on their radar. it is a question of how they get out of the crisis and gain customer confidence. it harks back to the days when mitsubishi at this scandal back in 2004. around that time, they started cheating on the fuel consumption. >> is it fraud, is it not? >> it is. i don't know how the japanese regulators will handle this. but regulators around the world will say is that a good way of self certifying. that is what happened with mitsubishi. they were doing their own tests and certifying themselves. of the trust will go away and this will not only be in japan, this will be in the u.s., europe, japan, and also in china. >> we just got news on volkswagen this cap hour. the company and u.s. government ag
. >> we are focusing on mitsubishi motors. after they admitted to mitigating the test results -- violating admitted to test results. can mitsubishi survive? is this just the tip of the iceberg? , ithat we have seen so far is limited to one particular model. mitsubishi is not the best and financial health. questionsee this as a on their radar. it is a question of how they get out of the crisis and gain customer confidence. it harks back to the days when mitsubishi at this scandal back in...
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Apr 27, 2016
04/16
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KCSM
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two years later it came up at mitsubishi near tokyo. he struck and kill add woman and injured her two children. it hit the defect and issuing recall in 2004. former company officials, including the vice president at the time, were arrested and indicted of falsifying papers to the authorities. two were found guilty of professional negligence. >> translator: we instructed the company to review the recall system and draw up corrective measures immediately. >> reporter: after the second recall cover up, the then chairman said the company was returning to fundamentals and making them the top pry y making safety top prioritieprio >> translator: we think this is the last chance for us to stay in business as an automaker. they provide funds to help them improve the final days and show commit m to helping rebuild its management. the chairman said rebuilding efforts, taking on the role as chairman. it's expected to have a serious financial impact on the car maker and it's making people wonder if they can trust cars bearing the symbol of the mitsu
two years later it came up at mitsubishi near tokyo. he struck and kill add woman and injured her two children. it hit the defect and issuing recall in 2004. former company officials, including the vice president at the time, were arrested and indicted of falsifying papers to the authorities. two were found guilty of professional negligence. >> translator: we instructed the company to review the recall system and draw up corrective measures immediately. >> reporter: after the second...
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Apr 20, 2016
04/16
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KTVU
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the president of mitsubishi says he was unaware until nissan pointed it out. he says he is not sure why the employees falsified the numbers, but it feels responsible and is apologizing. it is not clear up any vehicles sold outside of japan had the wrong mileage information are not. >>> the death of an eight-year- old girl in oakland, coming up, the information uncovered after the suspect insisted that investigators take a look at his cell phone records. >>> deadly floods in houston leading to more evacuations overnight, and the search for more survivors that could be trapped inside their homes. >>> welcome back to mornings on 2, 4:14 am. >>> the palo alto school district is investigating a troubling discovery at the high school, the custodian his spotted graffiti in three places sunday morning, and they call the graffiti insensitive language, scrawled on benches and doors with a black marker. the district said that if students are involved, they will face appropriate disciplinary action. >>> more problems at the santa clara county jail, an inmate attacked two
the president of mitsubishi says he was unaware until nissan pointed it out. he says he is not sure why the employees falsified the numbers, but it feels responsible and is apologizing. it is not clear up any vehicles sold outside of japan had the wrong mileage information are not. >>> the death of an eight-year- old girl in oakland, coming up, the information uncovered after the suspect insisted that investigators take a look at his cell phone records. >>> deadly floods in...
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Apr 24, 2016
04/16
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mitsubishi is not really in the best of financial health. i do not see this as a question on their radar. it is a question of how they get out of the crisis and gain customer confidence. >> it harks back to the days when mitsubishi had this scandal back in 2004. around that time, they started cheating on the fuel consumption. >> is it fraud, is it not? >> it is. i don't know how the japanese regulators will handle this. but regulators around the world will say is this a good way of self certifying, because that is what happened with mitsubishi. they were doing their own tests and certifying themselves. that part of the trust will go away and this will not only be in japan, this will be in the u.s., europe, japan, and also in china. >> we just got news on volkswagen this past hour. the company and u.s. government agreeing to settle the charges that it rigged its software to cheat emissions test. monetary part of the settlement has not been finalized. how much does it put to rest this settlement? >> it helps to set aside any risk for investors
mitsubishi is not really in the best of financial health. i do not see this as a question on their radar. it is a question of how they get out of the crisis and gain customer confidence. >> it harks back to the days when mitsubishi had this scandal back in 2004. around that time, they started cheating on the fuel consumption. >> is it fraud, is it not? >> it is. i don't know how the japanese regulators will handle this. but regulators around the world will say is this a good...
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Apr 22, 2016
04/16
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BLOOMBERG
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we've had mitsubishi, now time for, the u.s. wanting investigation. already trading on the futures market down 7.7% according to trade gate. could see some big moves lower from daimler. mention of that story we saw last night in the numbers. going to be interesting. we will find out, as you say, very shortly. 28 minutes until the market open. the boj story having a big impact in asia right now. european markets not really rough acting -- not really reflecting that at the moment. mispricedn the wei function, fairly flat open for european equities. i urge you to keep an eye on the dax. those german carmakers are going to be in focus. that could be one of the biggest stories of the day alongside the boj. caroline: really. we are getting quite a move on the yen, weaker today. that being filtered in as the boj looking to try to give some relief to the banks, looking to help get credit into the real economy, offering negative loans. percentageis up one point versus the yen. jen, one of the worst performers on the currency market today. euro, pretty much fla
we've had mitsubishi, now time for, the u.s. wanting investigation. already trading on the futures market down 7.7% according to trade gate. could see some big moves lower from daimler. mention of that story we saw last night in the numbers. going to be interesting. we will find out, as you say, very shortly. 28 minutes until the market open. the boj story having a big impact in asia right now. european markets not really rough acting -- not really reflecting that at the moment. mispricedn the...
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Apr 9, 2016
04/16
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mitsubishi launching the all-new 2017 mitsubishi outlander plug-in hybrid electric vehicle. it's the world's first plug-in hybrid electric crossover vehicle, and it's a full five-passenger outlander. beautiful new interior, beautiful exterior. that's the j1772 plug that you use to plug it into the wall. jeep launching the 2017 jeep grand cherokee summit and trailhawk. look at that coming down the steps right there. it's all about off-road but with a luxurious interior. look for these jeeps to hit the road later in 2016. by the way, that's the trailhawk, their top-of-the-line edition. acura also launching their new 2017 acura mdx here in new york. it's acura's first hybrid mdx edition. it's also a world debut here in new york, but one of the key features with this vehicle -- semi-autonomous driving. simply take your hands off the steering wheel, and for less drive itself. big news from lincoln here in new york, as well, it's the lincoln navigator concept, and lincoln's claiming this will be the most spacious navigator yet. check out those gull-wing doors. very similar to a mc
mitsubishi launching the all-new 2017 mitsubishi outlander plug-in hybrid electric vehicle. it's the world's first plug-in hybrid electric crossover vehicle, and it's a full five-passenger outlander. beautiful new interior, beautiful exterior. that's the j1772 plug that you use to plug it into the wall. jeep launching the 2017 jeep grand cherokee summit and trailhawk. look at that coming down the steps right there. it's all about off-road but with a luxurious interior. look for these jeeps to...
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Apr 26, 2016
04/16
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BLOOMBERG
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mitsubishi admits to improper testing back to 1991. sterling strengthens as investors resist the brexit. we speak with former british defense secretary liam fox. welcome to the pulse live from london. i am francine lacqua. we have great guests lined up for you. we have the new ceo on this morning's earnings in just under half an hour. we speak to be one of the campaign's leading figures. he is former defense secretary liam fox. bp profit down by 80%. however, did beat expectations. we saw profit and investors are piling into that, getting 3%, despite much smaller gains for crude. i went to show you japanese yen later this week. let's get to the first word news. >> bp has reported a surprise first-quarter profit despite the slump in oil prices. profit adjusted for one-time items and inventory changes totaled 500 to -- $532 million. analysts expected a loss. offset business helped sliding crude prices. junior doctors are holding their first all-out strike in the 70 year history of the country's national health service. almost 13,000 oper
mitsubishi admits to improper testing back to 1991. sterling strengthens as investors resist the brexit. we speak with former british defense secretary liam fox. welcome to the pulse live from london. i am francine lacqua. we have great guests lined up for you. we have the new ceo on this morning's earnings in just under half an hour. we speak to be one of the campaign's leading figures. he is former defense secretary liam fox. bp profit down by 80%. however, did beat expectations. we saw...
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Apr 26, 2016
04/16
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CNBC
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and the worst performer on the market today was mitsubishi motors. it fullum 10% as fell almost 10%. the market previously thought it was 2002 as a result the scandal worsened and we saw shares tanking. also shares in toshiba as well. after much refusal they also booked an impairment charge. shanghai comp up. hang seng up as well. losses for some other stuff. and indeed -- we're also tracking losses on the asx 200. and in australia we've also had a major defense announcement as well. japan losing out to france in the race to win the billion u.s. contract to build australia's next fleet of 12 submarines. we saw shares in japan's major defense contractors. mitsubishi heavies and kawasaki heavy industries both down. >> and tisson group shares driving. the the project was awarded to the french firm. australia's prime minister called the decision a momentous national endeavor. >>> elsewhere bp shares catching a bit after first quarter underlying replacement cost profit. a huge beat on analyst expectations for a loss of $130 million. the company ceo dudley
and the worst performer on the market today was mitsubishi motors. it fullum 10% as fell almost 10%. the market previously thought it was 2002 as a result the scandal worsened and we saw shares tanking. also shares in toshiba as well. after much refusal they also booked an impairment charge. shanghai comp up. hang seng up as well. losses for some other stuff. and indeed -- we're also tracking losses on the asx 200. and in australia we've also had a major defense announcement as well. japan...
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Apr 21, 2016
04/16
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LINKTV
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cheatingwith the scandal at mitsubishi motors. >> investigators have raided the offices of mitsubishi after the admitted to submitting allstate on how much you'll their cars use. the scandals have wiped billions of dollars off the company's value. had to bes -- sustained -- had to be suspended. >> moving in a mitsubishi, investigators arrived at the assembly plant in japan to collect evidence about false i've will economy data on at least 600,000 cars. >> based on the finding from the raid and internal reports from the company, we would like to reveal the extent of the inaccuracies as soon as possible. we will deal with the situation in a straight manner and would like to ensure car safety. >> the company's president admitted wrongdoing and apologize for the misconduct on wednesday, saying tests show cars were using up to 10% more fuel than data submitted to regulators. strict,ed to apply global standards, just as most like in got slapped with very severe sanctions, mitsubishi motors needs to face tough measures so we can be sure the company will change. >> mitsubishi has struggled to
cheatingwith the scandal at mitsubishi motors. >> investigators have raided the offices of mitsubishi after the admitted to submitting allstate on how much you'll their cars use. the scandals have wiped billions of dollars off the company's value. had to bes -- sustained -- had to be suspended. >> moving in a mitsubishi, investigators arrived at the assembly plant in japan to collect evidence about false i've will economy data on at least 600,000 cars. >> based on the finding...
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Apr 26, 2016
04/16
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mitsubishi admits to improper testing back to 1991. sterling strengthens as investors resist the brexit. we speak with former british defense secretary liam fox.
mitsubishi admits to improper testing back to 1991. sterling strengthens as investors resist the brexit. we speak with former british defense secretary liam fox.
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Apr 27, 2016
04/16
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. >>> another cheating scandal environmental protection agency says it wants mitsubishi motors to do real testing to verify gas mileage estimates. the mitsubishi admits it lied about fuel economy data for some models in japan for the past 25 years. however, mitsubishi claims that it used appropriate testing method forecaster sold to the united states. >>> apple suffered a setback today that it hasn't experienced in 13 years. the tech giant streak of earnings growth is over. iphone sales, fell for the first time. apple reported that its quarterly revenue dropped 13 percent, and it expects another 13 percent drop in the current quarter. >>> less than a week after the death of prince, his sister is taking legal action over the musician's estate. tyka nelson has requested that she be name administrator of the estate because she says that the singer didn't have have a will. prince was not married and had no living children. nelson is the only first sibling of prince and five half siblings have been named in the petition as he irs. >>> working the night shift could take more toll then just
. >>> another cheating scandal environmental protection agency says it wants mitsubishi motors to do real testing to verify gas mileage estimates. the mitsubishi admits it lied about fuel economy data for some models in japan for the past 25 years. however, mitsubishi claims that it used appropriate testing method forecaster sold to the united states. >>> apple suffered a setback today that it hasn't experienced in 13 years. the tech giant streak of earnings growth is over....
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Apr 22, 2016
04/16
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announced -- renault announced it was under scrutiny, and mitsubishi. the whole industry is overshadowed by all this cheating. anna: ryan, thank you very much. ryan chilcote joining us from germany. up next, the talk turns to attack as alphabet misses estimates. we will take a look at what is putting pressure on their profit margins. ♪ anna: welcome back. 7:18 in london. ftse futures suggesting we will be a little weaker at the start of trade. down 0.3%. let's get the bloomberg business flash. here's the yvonne man. yvonne: thanks, anna. lloyds banking group is considering deeper cuts. eliminate 900to jobs by the end of next year. britain's largest mortgage lender could remove more jobs than outlined in the october 2014 plan to lower expenses. a spokesman declined to comment. google's parent company alphabet says profit margins could be hit by a higher mobile phone use an automated ads. google gets its services in front of more people, but the company has to pay more to partners. shares jumped -- slumped i should say in extended trading. microsoft sha
announced -- renault announced it was under scrutiny, and mitsubishi. the whole industry is overshadowed by all this cheating. anna: ryan, thank you very much. ryan chilcote joining us from germany. up next, the talk turns to attack as alphabet misses estimates. we will take a look at what is putting pressure on their profit margins. ♪ anna: welcome back. 7:18 in london. ftse futures suggesting we will be a little weaker at the start of trade. down 0.3%. let's get the bloomberg business...
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Apr 26, 2016
04/16
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mitsubishi motors had promi massive scandal 15 years ago after covering up auto defects then. >> thank you, susan. >>> for eight years he was the nation's third in command. the new setback involving a former speaker of the house. >>> and for weeks hundreds of you couldn't stop watching the national arboretum eagle cam waiting for d.c.'s newest >>> we continue to track the chance for showers and thunderstorms. again, not expecting a lot. not expecting wide coverage. this is not going to be a severe weather outbreak. we will be watching storms. down to the south, culpeper county, a couple storms just south and west of culpeper. these continue to move down to the south and east. fredericksburg and spotsylvania county. this is the front coming through. most of this action will pass to the south. it is only up here that we could see some of those storms. that's why there's a severe thunderstorm watch in effect. not a single warning yet, but the severe thunderstorm watch is frederick county maryland, washington county maryland. tom will talk about that huge change moving our way. >>> the sam
mitsubishi motors had promi massive scandal 15 years ago after covering up auto defects then. >> thank you, susan. >>> for eight years he was the nation's third in command. the new setback involving a former speaker of the house. >>> and for weeks hundreds of you couldn't stop watching the national arboretum eagle cam waiting for d.c.'s newest >>> we continue to track the chance for showers and thunderstorms. again, not expecting a lot. not expecting wide...
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Apr 25, 2016
04/16
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>> mitsubishi is a partner and competitor. i think we are going to be waiting for the final announcement they are going to be making and the announcement made by the japanese government. there is a reshaping taking place, before making any statement or decision. you can understand at this point, where things are going on inside mitsubishi and the japanese government, it would not be make -- it would not be fair for me to make any announcement. tom: the industry as a whole has been affected. carlos: i think we are mixing different kind of problems putting them all in the same bag . i think it is important that the public understands we have problems of different nature. obviously there are problems around the trust when carmakers are behaving in the way to deceive in a certain way, you know, customers -- this is one category. the other category is the performance of the technology that we are putting on the market. i don't think we can mix everything and put it all in the same bag. the only way is to be extremely transparent. w
>> mitsubishi is a partner and competitor. i think we are going to be waiting for the final announcement they are going to be making and the announcement made by the japanese government. there is a reshaping taking place, before making any statement or decision. you can understand at this point, where things are going on inside mitsubishi and the japanese government, it would not be make -- it would not be fair for me to make any announcement. tom: the industry as a whole has been...
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Apr 21, 2016
04/16
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shares of mitsubishi dropped 15% yesterday. lauren: general motors reporting earnings before "the opening bell". the automaker expected to post a profit of one dollar and wanted to share up from a year ago, revenue is expected to decline slightly to $35.4 billion. investors watching for any clues about future car sales especially for signs that the us market could have planned out a bit. gm car sales rose in march but there are concerns the gains will not continue despite lower gas prices and a down market getting better. lauren: a day after a huge victory in the gop new york primary donald trump telling supporters they are going to enjoy watching him beat hillary clinton in the general election. he was on the o'reilly factor last night. >> looks like we are in very good shape to go right to the end i will take on crooked hillary. i will take on hillary clinton and i think we are going to win. lauren: trump campaign in indiana, 57 delegates up for grabs in that state which holds its primary may 3rd. jeff flock has more. >> you
shares of mitsubishi dropped 15% yesterday. lauren: general motors reporting earnings before "the opening bell". the automaker expected to post a profit of one dollar and wanted to share up from a year ago, revenue is expected to decline slightly to $35.4 billion. investors watching for any clues about future car sales especially for signs that the us market could have planned out a bit. gm car sales rose in march but there are concerns the gains will not continue despite lower gas...
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Apr 20, 2016
04/16
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they mention that mitsubishi saw the best sales in march. we reached out to the mitsubishi headquarters in north america to ask if it will have an impact on sales. saying we are not aware of the testing irregularity but it will be investigated. reporting in the newsroom, kimberly suiters, abc7 news. back to you in the leon: tonight -- >> i love my wife. >> are you injured man? leon: a 911 call flips the script on a local sheriff and his wife who said nothing happened. change for a $20? a new face coming to the $20 bill. announcer: now "abc7 news at 5:00". on your side. leon: we'll begin with breaking news from the district. within the hour a d.c. police announced an arrest in the murder of the secret service officer. stephen tschida is standing by live with the latest on the new development. what have you learned? stephen: 45 minutes ago chief cathy lanier announced the arrest of two individuals in the shooting death of off-duty secret service officer which went down in southwest d.c. last december. now from the beginning the investigators s
they mention that mitsubishi saw the best sales in march. we reached out to the mitsubishi headquarters in north america to ask if it will have an impact on sales. saying we are not aware of the testing irregularity but it will be investigated. reporting in the newsroom, kimberly suiters, abc7 news. back to you in the leon: tonight -- >> i love my wife. >> are you injured man? leon: a 911 call flips the script on a local sheriff and his wife who said nothing happened. change for a...
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Apr 20, 2016
04/16
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KTVU
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it was first noticed by nissan that sells a line of cars produced by mitsubishi. the mitsubishi president said he did not know about the problem until pointed out by nissan, and he is not sure why the employees would falsify the numbers, but he is apologizing. it's not clear whether any vehicles sold outside of japan had the wrong mileage information or not. >>> 6:05 am.'s back and one of the silicon valley best-known companies is cutting 12,000 jobs, intel says that 11% of the global workforce will be cut, including voluntary and involuntary departures. most of the affected workers will be notified before the end of june. the company is trying to refocus the business on the most profit real -- profitable businesses, including making processors for data sending -- data center computers and customers are buying fewer personal computers. >>> announcing criminal charges linked to the flint led tainted water crisis, and felonies will be filed against two state environmental officials and the water plant supervisor. for nearly 18 months, the flint water became tainted
it was first noticed by nissan that sells a line of cars produced by mitsubishi. the mitsubishi president said he did not know about the problem until pointed out by nissan, and he is not sure why the employees would falsify the numbers, but he is apologizing. it's not clear whether any vehicles sold outside of japan had the wrong mileage information or not. >>> 6:05 am.'s back and one of the silicon valley best-known companies is cutting 12,000 jobs, intel says that 11% of the global...
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Apr 20, 2016
04/16
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. >>> volkswagen was on the hot seat, and now mitsubishi is under attack due to the false information on vehicles. new questions about the fuel mileage tests. >>> problems and east bay, one thing is police activity near the bay bridge, the other is a truck accident in union city. >>> welcome back to mornings on 2, 5:12 am. >>> three young kids are among those injured on woodside wrote about 8:30 pm near the on-ramp to the interstate 280. two cars were involved, and the driver of one car was not injured, but in the other car, an adult and three children under the age of 10 were seriously injured. the major activation -- major accident investigation team is handling the case. >>> and more rain forecasted for houston texas, after days of rain have flooded many parts of the city, killing eight people. rivers running over the banks, thousands being forced out of their homes, and people in the flood zones are helping each other. two teenagers were kayaking down the river and rescue by a good samaritan. the kids said they were just looking to have fun, and did not realize how dangerous it co
. >>> volkswagen was on the hot seat, and now mitsubishi is under attack due to the false information on vehicles. new questions about the fuel mileage tests. >>> problems and east bay, one thing is police activity near the bay bridge, the other is a truck accident in union city. >>> welcome back to mornings on 2, 5:12 am. >>> three young kids are among those injured on woodside wrote about 8:30 pm near the on-ramp to the interstate 280. two cars were...
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Apr 21, 2016
04/16
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this time it is mitsubishi. we will bring you the latest on the story and despite the dough oil nearsointment five-month high. i will tell you why. ♪ francine: this is the pulse. as get straight to the bloomberg business flash with nejra cehic. nejra: erickson shares have plunged after reporting first quarter sales amidst analyst estimates. the networks equipment and software maker says sales fell billion as phone operators continue to pull back on spending to expand and upgrade network. novartis is reporting first-quarter earnings that narrowly beat estimates. profits fell to $1.17 a share. that is above analyst estimates of $1.15. that comes after the company lost paint protection. bid.in and has raised its receive 100 $.45 -- 145 pence per share. the move comes as the company tries to seal off a rival bid from steinhoff international. they are trading sharply higher on the news. a group of investors in stock bank group have called on the board to investigate a possible desperate and possibly dismiss the com
this time it is mitsubishi. we will bring you the latest on the story and despite the dough oil nearsointment five-month high. i will tell you why. ♪ francine: this is the pulse. as get straight to the bloomberg business flash with nejra cehic. nejra: erickson shares have plunged after reporting first quarter sales amidst analyst estimates. the networks equipment and software maker says sales fell billion as phone operators continue to pull back on spending to expand and upgrade network....
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Apr 20, 2016
04/16
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mitsubishi struggled to regain customer trust after an auto defect scandal in the early 2000's. obama and defense secretary ash carter are in saudi arabia today for talks with gulf ally. saudi arabia is also under increasing pressure from the oil crisis, as well as aee president will meet with leaders from the gulf council cooperation countries. maryland health officials holding a zika awareness town hall in baltimore. the maryland department of health and mental hygiene said it is important that its employees and general public remain well-informed on steps to try to minimize the chance of getting the infection. another strong aftershock overnight in ecuador. the death toll at 525. find moreexpect to bodies following saturday's massive earthquake. more stephanie ramos has on the race against time to find survivors. reporter: today, markings on front doors and gates represent how many bodies were found underneath the rubble. locals risking their safety going back to their now badly damaged homes, gathering including photographs like this one of a little boy's birthday party. tha
mitsubishi struggled to regain customer trust after an auto defect scandal in the early 2000's. obama and defense secretary ash carter are in saudi arabia today for talks with gulf ally. saudi arabia is also under increasing pressure from the oil crisis, as well as aee president will meet with leaders from the gulf council cooperation countries. maryland health officials holding a zika awareness town hall in baltimore. the maryland department of health and mental hygiene said it is important...
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Apr 26, 2016
04/16
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LINKTV
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melissa: we look now to mitsubishi motors, which has failed field tests. that it it has reported is reporting full consumption data for some of its cars. some 600,000 vehicles, now mitsubishi says the rating dates back to 1991, which means the number would be much higher. shares in the company plummeted a further 10% on the news. it is a scandal. >> i sincerely apologize to our customers. who purchased our cars based on the wrong fuel mileage data. i have no word. i am sorry. stephen: the german airline left anza has canceled almost 100 flights because of the strike by air stored that by airport staff. by airporttrike staff. it is part of a pay dispute. bp has seen underlying profits slump by 80% in the first three months of the year, largely due to oil prices. it is at the third lowest level in 12 years on the brett crude -- on the brent crude index in january. they are the first of several major oil companies reporting this week. melissa: pershing is associated with chocolate, but that might be about to change. is associated with chocolate, but that migh
melissa: we look now to mitsubishi motors, which has failed field tests. that it it has reported is reporting full consumption data for some of its cars. some 600,000 vehicles, now mitsubishi says the rating dates back to 1991, which means the number would be much higher. shares in the company plummeted a further 10% on the news. it is a scandal. >> i sincerely apologize to our customers. who purchased our cars based on the wrong fuel mileage data. i have no word. i am sorry. stephen: the...
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Apr 25, 2016
04/16
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LINKTV
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this week they're focusing on japanese corporate earnings as mitt pea -- mitsubishi releases its results on wednesday. reeling from the revelations of falsified fuel efficiencieies tt data. shares are down nearly 5%. the dollar hit the upper 111 yen level on hopes of expanding stimulant measures by the bank of japan. but inched lower during tokyo trading hours. there's a lot of speculation around that boj policy meeting as well as the meeting of the feds. for now investors are playing it safe. reporting from the tokyo stock exchange. >> thank you very much for that. >>> the sense of caution affected over asian forces. the shanghai composite down 2,496 for the closing number there. lower than a month. it prompted many investors to sell-energy-related share sshar. singapore's consumer price index has been declining for a record 17 months. that weighed on investor sentiment. hong kong dropping. indonesia declining and markets in sydney closed due to the holiday. japanese companies are collaborating with various industries to develop self-driving technology and improve their competitive edge
this week they're focusing on japanese corporate earnings as mitt pea -- mitsubishi releases its results on wednesday. reeling from the revelations of falsified fuel efficiencieies tt data. shares are down nearly 5%. the dollar hit the upper 111 yen level on hopes of expanding stimulant measures by the bank of japan. but inched lower during tokyo trading hours. there's a lot of speculation around that boj policy meeting as well as the meeting of the feds. for now investors are playing it safe....